subject
Business, 31.12.2019 04:31 priscillarios30

Alex has $18 per week in his entertainment budget. he spliots his time between going to the movies and renting video games each movie costs6 while each video game costs 3the measured total utility of each of his activities is shown in the table below.
what is alex's utility maximizing point?
movies tu video game rentals tu

0 0 0 0

1 40 1 30

2 75 2 55

3 105 3 76

4 130 4 92

5 160 5 106

6 114

7 116

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:30
Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.
Answers: 1
question
Business, 22.06.2019 10:40
What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk
Answers: 1
question
Business, 22.06.2019 15:00
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
question
Business, 22.06.2019 15:10
Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4
Answers: 2
You know the right answer?
Alex has $18 per week in his entertainment budget. he spliots his time between going to the movies a...
Questions
question
Mathematics, 09.04.2020 07:33